News & Updates

Dermody Properties and AEW Capital Management Acquire 34 Acres in McCook, Ill.Will develop industrial park comprised of two facilities totaling 662,700 SF

CHICAGO, Ill.  -- Dermody Properties, a national industrial development firm headquartered in Reno, Nev., in partnership with AEW...

Dermody Properties, a national industrial development firm, announced today the purchase of 91 acres on Lemmon Drive near Highway 395 in northern Reno, Nev. The site will be the location of a three-building, master-planned industrial park, known as LogistiCenter 395.

Dermody Properties...

Dermody Properties is pleased to announce the sale of 21751 Jason Rasmussen Drive in Sauk Village, Illinois to VHE II-Sauk, LLC (VHE). The company will occupy the entire 496,260 square-foot, rail-served, 30-foot clear building for its third party logistics business. 

“This transaction is...

CHICAGO, Ill. – On July 24, Dermody Properties, a national industrial development firm, broke ground on LogistiCenter at I-65, a 624,000 SF industrial development near Louisville, Ky. The site is located at 972 Conestoga Parkway in Shepherdsville, Ky. at the full four-way interchange of I-65 and...

Dermody Properties Sells 100,000 SF to Select Capital Commercial Properties

PHILADELPHIA, Penn. -- Dermody Properties, a leading national private industrial development firm, recently announced the sale of a 100,000 SF light industrial building located in Harrisburg, Penn. to Select...

Dermody Properties and Albert’s Organics Celebrate Opening of 70,000 SF Distribution Facility

On June 21, Dermody Properties and Albert’s Organics, Inc. celebrated the grand opening of the organic food distributor’s new 70,000 square foot facility. Dermody Properties served as the...

CHICAGO, Ill. – Dermody Properties recently announced the purchase of 35.875 acres in the Louisville, Ky. region. The national industrial development firm will begin development on a 624,000 square foot industrial building on a speculative basis. The site, in the Settlers Point Business Park in...

PORTLAND, Ore.  –  Dermody Properties recently announced the formation of a joint venture partnership with Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) for its industrial property at 18201 NE Portal Way in Portland, Oregon. Dermody Properties will retain an...

Dermody Properties and the Berks County Industrial Development Authority (BCIDA) announced that Dermody Properties has purchased 89.22 acres in Berks Park 78 in Bethel Township, Penn. Dermody Properties has indicated that the site is suitable for a build-to-suit or for development of a...

Dermody Properties has named 30-year industrial and office real estate veteran Patrick Gallagher as the Partner managing the firm’s newly established Southwest Region Office located in Phoenix, Arizona. Gallagher will spearhead the firm’s ambitious industrial and office development program in...

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